Calculate the Inequality Ratio from the Following Information A) 3
B) 8
C) 10
D) 80
E) 8,000

question 35

Multiple Choice

Calculate the inequality ratio from the following information: $\begin{array}{lr}&\text { Level of Mean income }\\\text { Bottom quintile } & \$ 500 \\\text { Second quintile } & \$ 1,500 \\\text { Middle quintile } & \$ 2,000 \\\text { Fouth quintile } & \$ 20,000 \\\text { Top quintile } & \$ 40,000\end{array}$

• A) 3
• B) 8
• C) 10
• D) 80
• E) 8,000

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Definitions:

Pooled Proportion Estimate

A method used to estimate the combined proportion from two or more groups, assuming that the underlying proportions across groups are the same.

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect exists among the variables studied.

Population Proportions

The fraction or percentage of units in a population that have a particular attribute.

Pooling

The process of combining data from different sources or groups to perform a collective analysis.